Michael Teel (#2624)
- $ 2 B
- supermarkets
- United States
- M
- 75 Years
Rest in Peace Ask Jeeves, every search comes to an end
County commissioners call on lawmakers to up funding for 911 dispatch systems
Spirit Airlines Is Going Out Of Business; Effective IMMEDIATELY
Pokémon Scalpers Selling Limited-Edition Pop-Tarts For Ridiculous Prices
Bennett says Netanyahu gov't 'boycotting' West Bank settlements amid Carrefour subsidy deal
Golf gear on sale now: Up to 65% off adidas, 45% off Puma, 15% off Mizuno, more
Families across the US can't find childcare — this map shows where it's worst
Median sales surge 61% in a Queens neighborhood that’s now the fifth priciest in NYC
Greg Brockman says his stake in OpenAI is worth nearly $30 billion
TeraWulf Announces Participation in Upcoming Investor and Industry Conferences
About Me
Michael Teel is the owner and chairman of Raley's, a Sacramento-based supermarket chain with estimated revenues of $6 billion. He is the third-generation owner. His grandfather, Tom Raley, founded the company in 1935. He took over from his mother, Joyce Raley Teel (d. 2022), who ran Raley's from 1991 to 2015, when she transferred ownership to Michael. Today Raley's has 235 stores in California, Nevada, Arizona, Washington, Alaska and Oregon. The company also operates stores in several tribal nations in the Southwest.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Michael Teel’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Michael Teel’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $1.5B
(May 4, 2026)
© Iconic Billionaires